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18 Sylvan Road

Lake Peekskill, NY 10537

$684,000 $2,883/Mo

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Overview

Bed

Bath

0.62

Acre(Lot)

Description

Rare opportunity to own a beautifully maintained legal two-family home in Lake Peekskill, Putnam Valley, offering income potential, flexible living arrangements, and sweeping year-round views of Junior Lake. Whether you're looking for an income-producing property, a home with a legal accessory apartment, a mortgage-offset opportunity, or flexible multi-generational living, this versatile property offers exceptional possibilities in a desirable Hudson Valley lake community. The main residence features a bright, thoughtfully designed floor plan with a formal dining room accented by a custom wood ceiling, an updated eat-in kitchen with refreshed cabinetry, stainless steel appliances, breakfast bar seating, tile flooring, and a sunny breakfast nook. The spacious living room features a picture sque bay window framing sweeping year-round Junior Lake views, while the primary suite offers a renovated ensuite bath, complemented by additional bedrooms and a second full bath. The legal lower-level apartment offers two private entrances, a living room, bedroom, renovated full bath, and direct access to an expansive brand-new deck overlooking the backyard and Junior Lake. The apartment was recently used for extended family, so the stove and refrigerator were removed and the interior door separating the apartment from the main residence will need to be reinstalled to restore its original configuration. Existing kitchen cabinetry and plumbing remain in place, making it easy for the next owner to reinstall the appliances and return the apartment to its intended use. The outdoor spaces are equally inviting, with beautifully maintained perennial gardens, mature landscaping, seasonal blooms, and private areas for outdoor dining, entertaining, and relaxing. Recent improvements include a new septic tank, removal of the underground oil tank, energy-efficient ductless air conditioning on both levels, and a heat pump incorporated into the home's HVAC system, and brand new deck. Enjoy Lake Peekskill lake rights, including swimming, fishing, kayaking, and non-motorized boating. Conveniently located near the Taconic State Parkway, Route 6, Metro-North, shopping, dining, and the many recreational opportunities throughout the Hudson Valley. Legal two-family living, lake community amenities, Junior Lake views, income potential, and a flexible lower-level apartment make this a unique opportunity in Putnam Valley. With the recent price improvement, this is an excellent opportunity for buyers seeking versatility, value, and the lifestyle of a Hudson Valley lake community.

Property Details

Property Type : Residential Income

Price : $684,000

AD Id : 88310936

MLS Id : 1028933

Beds : 4

Lot Size : 0.62 Acre

Tax Amount : 13173.00

Year Built : 1945

County : Putnam

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Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 3 Full Baths: 3

Room Information

Basement: Crawl Space, Finished, Full
Flooring Information

Carpet, Combination, Laminate, Tile, Vinyl
Interior Features

Breakfast Bar, Ceiling Fan(s), Chandelier, Eat-in Kitchen, In-Law Floorplan, Recessed Lighting, Smart Thermostat, Storage Appliances: Dishwasher, Refrigerator
Heating & Cooling

Has Heating: Yes Heating: Heat Pump, Oil Has Cooling: Yes Cooling: Central Air, Ductless

Building Information

Year Built: 1945 Building Area Total: 2502 Construction Materials: Frame Patio And Porch Features: Deck, Patio Private Pool: No Water front Features: Pond, Waterfront Access View: Lake, Mountain(s), Neighborhood, Trees/Woods, Water
Exterior Features

Exterior Features: Garden

Lot Information

Lot Size Acres: 0.6187 Lot Size Square Feet: 26950

Listing Price Information

Listing Price: $684000 Original Price: $689000

Tax Information

Parcel Number: 372800-091-025-0001-013-000-0000 Annual Tax: $13173

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 6 Driveway

School Information

Elementary School: Putnam Valley Elementary School

Junior High School: Putnam Valley Middle School

Senior High School: Putnam Valley High School
Utility Information

Cable Connected, Electricity Connected
Location Information

WaterSource: Private, Well

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
361 Lake Drive, Lake Peekskill, NY, 10537	$649,900	4	2	--	0.49 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 09/09/2026 @ 02:52

MLS: 1028933 LISTED BY: Sherri Malone, Coldwell Banker Realty 914-277-5000 SOURCE: OneKey MLS

18 Sylvan Road

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